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INSANE: 12 | Vintage Vibes

Trump renews Iran blockade and again threatens to take control of strait of Hormuz

US president declares waterway open and demands tariff as both sides engage in heavy drone and missile exchanges

The Guardian - UK

Rising tempo of combat in battle for Hormuz threatens market's confidence that the worst is over on Iran. 'There's a lot of complacency'

U.S. forces carried out five rounds of attacks in the past week and three over the last 24 hours, signaling that the operational tempo is quickening.

Fortune

Iran launches retaliatory attacks after fresh US strikes – as it happened

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The Guardian - AU

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Morning Mail: Excess aged care fees under scrutiny; US and Iran contest control of Hormuz; Jannik Sinner wins Wimbledon

Many aged care residents are being charged for services they can’t use or understand, prompting an investigation from the regulator

The Guardian - AU

Iran expands attacks on Gulf states after intense US strikes

Iran reported strikes Sunday evening on two of its southern islands while Kuwait, where Tehran has repeatedly targeted US installations, said border posts and an offshore oil platform had been attacked. The as-yet unclaimed strikes came hours after Tehran and WashingtonStrait of Hormuz, offering contradicting statements as to whether the…

France 24

Strait of Hormuz hangs in the balance as US-Iran ceasefire unravels

The US-Iran deal faces significant strain due to escalating tensions in the Strait of Hormuz. Iran has closed the strait, prompting US retaliatory strikes on Iranian targets. This cycle of attacks and counterattacks has severely damaged high-stakes diplomacy between the nations. Analysts suggest the US may be responsible for not…

The Economic Times

US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA says

Iran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncertainty over global oil markets. Benchmark crude prices fell through June as tanker traffic resumed. Global oil supply rebounded in June, supporting Gulf production recovery. The outlook depends on…

The Economic Times

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Hormuz Stays Open as Iran–US Strikes Lift Oil Prices Amid Gulf Tensions

Shipping through the Strait of Hormuz remains open despite Iranian claims that it has shut the key transit route for oil and natural gas to traffic.

Benzinga

US-Iran strikes: latest developments

DUBAI - Iran announced it was again closing the Strait of Hormuz on Sunday and hit Gulf neighbours in retaliation for US strikes, further undermining efforts to salvage Middle East peace efforts.

Bangkok Post

US-Iran strikes: Latest developments on Gulf attacks, Hormuz closure

Iran announced it was again closing the Strait of Hormuz on Sunday and hit Gulf neighbours in retaliation for US strikes, further undermining efforts to salvage Middle East peace efforts. US strikes 140 targets CENTCOM said Saturday the US military had hit "approximately" 140 targets in Iran in retaliation for…

The Economic Times

Trump claims strait of Hormuz open to commercial traffic despite Iran earlier announcing closure – as it happened

Tehran reportedly attacks Gulf countries following fresh US strikes

The Guardian - UK

Middle East ceasefire dead as US bombs Iran again, Hormuz shuts and missiles fly over Gulf countries — top developments

The United States carried out a third round of strikes on Iran after accusing Tehran of attacking a commercial container ship in the Strait of Hormuz. In response, Iran announced that it had once again closed the strategic waterway, stepped up attacks on US military facilities across the Gulf and…

The Times of India

Iran Rejects Restart of Talks As Renewed Strikes Slow Hormuz Shipping

Iran has rejected restarting talks with the US unless the Trump administration "first retreats from its current positions," the semi‑official Fars News Agency reported on Saturday.

Benzinga

5 world market themes for the week ahead

TSMC's earnings will offer insights into AI chip demand this week. Wall Street banks are set to report, with expectations for strong corporate profits. Oil prices remain volatile amid tensions with Iran and Strait of Hormuz flows. US inflation data will gauge the Federal Reserve's stance on interest rates. Chinese…

The Economic Times

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The Economic Times

Oil heads for weekly gain as Middle East supply risks persist

On Friday, oil prices saw a modest increase as they aimed for weekly gains. Renewed hostilities between the US and Iran have severely limited shipping activity in the Strait of Hormuz, leading to a virtual halt in tanker traffic. This disruption followed Iran's burial of its late supreme leader, Ayatollah…

The Economic Times

Hormuz ship insurance demand drops as owners get nervous

London marine insurers report fewer transit inquiries for the Strait of Hormuz. Shipowners show growing caution as US and Iran exchange attacks.

The Guardian - UK

Trump is bombing Iran again and blundering again. He has no grasp of his enemy

The president is behaving as if the battleground is the same, but it isn’t. Iran has leverage and knows it, says Sina Toossi from the Center for International Policy

The Economic Times

Iran War Runtime: A day or two, a week, or a month? White House official says this

The United States anticipates prolonged military exchanges with Iran over the Strait of Hormuz. This escalation follows the collapse of a 60-day ceasefire agreement between the two nations. Iran insists on controlling passage through the strategic waterway, while the US aims for safe navigation. Both sides have engaged in retaliatory…

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Bangkok Post

US launches new strikes on Iran as Trump vows to hit ‘hard’

TEHRAN - The United States launched new strikes on Iran on Wednesday after President Donald Trump vowed to hit “hard” following Iranian attacks on ships in the Strait of Hormuz.

The Economic Times

How Iran's 'golden weapon' of Hormuz became a bigger priority than its long-disputed nuclear programme

Iran views control of the Strait of Hormuz as a vital strategic asset. This waterway is now a higher priority than its nuclear program. Recent actions have led to exchanges of fire with the United States. An interim peace deal's wording on the strait remains a point of contention. Iran…

The Guardian - UK

Oil prices rise sharply after Iran launches attacks on tankers near strait of Hormuz

Brent crude benchmark rose to more than $80 a barrel, its steepest increase since ceasefire began

The Economic Times

Damaged Qatari LNG tanker awaits salvage after strike as Hormuz risks escalate

A Qatari LNG tanker remains stuck off Oman after being hit by a projectile. U.S. forces reported two other tankers were targeted by Iran recently. These attacks prompted the U.S. to revoke Iran's oil sales license. Global oil prices jumped significantly following these developments. The U.N. shipping agency condemned the…

Euronews

Gulf states brace again for fiery US-Iran showdown as tensions spiral

From the front lines of the US-Iran confrontation, the Gulf nations have again urged both sides, with strategic restraint, not to abandon their negotiations, while Tehran is telegraphing that the Strait of Hormuz is now Iran's.

The Economic Times

Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: Report

Several oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical waterway. A Qatari LNG tanker and a Saudi crude oil tanker were damaged near the strait. Maritime authorities have raised the threat risk for transiting vessels to…

The Economic Times

India seeks safe Hormuz passage for nine ships as truce falters

In a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum gas. With vigilant oversight from the government on these vessels, officials will confer with Iranian counterparts to discuss the precarious state of maritime security due to…

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